The Environment Agency Active Pension Fund is set to drastically reduce its gilt holdings in favour of corporate bonds after reviewing its investment strategy.
The scheme will more than double its exposure to corporate bonds, which will make up 28% of its portfolio while slashing its gilt holdings from 13.5% to 5%. The fund will also continue to shrink its...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).